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foreign aid English
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foreign aid
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In some of the poorest countries in the world - ie, those most dependent on aid - the IMF has argued that foreign aid should not be listed as revenue in a government's budget calculations.
The IMF's argument seems to be this: a country cannot rely on foreign aid because aid is too unstable.
The absurdity here is the idea that all foreign aid should be added to reserves.
If compensation for wrongs to the Palestinians was to be the guiding principle, there were always better ways of going about it than to found a rickety, poverty-ridden new country dependent on foreign aid.